TY - BOOK ID - 85598370 TI - Belgium : Financial System Stability Assessment-Technical Note- Stress Testing the Banking and Insurance Sectors and Systemic Risk Analysis. PY - 2018 SN - 1484345924 1484345886 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Banks and banking. KW - Agricultural banks KW - Banking KW - Banking industry KW - Commercial banks KW - Depository institutions KW - Finance KW - Financial institutions KW - Money KW - Banks and Banking KW - Finance: General KW - Industries: Financial Services KW - Money and Monetary Policy KW - Financial Risk Management KW - Banks KW - Depository Institutions KW - Micro Finance Institutions KW - Mortgages KW - Financial Institutions and Services: Government Policy and Regulation KW - Pension Funds KW - Non-bank Financial Institutions KW - Financial Instruments KW - Institutional Investors KW - General Financial Markets: Government Policy and Regulation KW - Financing Policy KW - Financial Risk and Risk Management KW - Capital and Ownership Structure KW - Value of Firms KW - Goodwill KW - Monetary Policy, Central Banking, and the Supply of Money and Credit: General KW - Financial Crises KW - Financial services law & regulation KW - Monetary economics KW - Economic & financial crises & disasters KW - Stress testing KW - Insurance companies KW - Financial Sector Assessment Program KW - Credit risk KW - Financial sector policy and analysis KW - Credit KW - Financial regulation and supervision KW - Financial crises KW - Banks and banking KW - Financial risk management KW - Financial services industry KW - Belgium UR - https://www.unicat.be/uniCat?func=search&query=sysid:85598370 AB - This Technical Note discusses the results of the stress testing of Belgium’s banking and insurance sectors. Belgium’s financial sector remains resilient in the face of the rising cyclical vulnerabilities, but there is a need for closely monitoring risks. Stress tests on banks and insurance companies confirm that they can absorb credit, sovereign, and market losses in the event of a severe deterioration in macro-financial conditions. All banks meet minimum capital requirements and none needs to draw down its capital conservation buffer over the stress horizon. The risk of interbank contagion through direct exposures is low. Insurance companies are also generally resilient and losses incurred in the stress scenarios by those that belong to banking groups do not threaten the soundness of those groups. ER -